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FOX Business
Nov 20, 2012 8:00pm EST
to take a sharp left. launching an ad campaign telling both parties to raise taxes and don't dare budge on those entitlement cuts. former new york mayor rudy guiliani says the push to the left just isn't right. mr. mayer, a lot of money, a lot of money at stake. you know all the people involved, all of the groups are going to come out. >> critical straitening out of the fiscal disaster, dealing with expenditures. where the republicans have to give on revenues, they only have to give on revenues if you get really good cuts in expenditures this is a terrible message. maybe good for the unions, but it is bad for the country and our children because of this does is increase the debt under which they are operating and which is already getting close to historic. tom: the thing about all this, it seems like we are getting into a semantic battle because i was reading through the statement said the union leaders , spending a lot of money advertising, especially to republican congressional folks. >> right. right. tom: raise taxes. it think they have somebody, but the semantics are the speaker is
CNN
Nov 26, 2012 1:00pm PST
back to work but the clock is ticking. unless lawmakers make a deal, automatic spending cuts and tax increases are just a matter of only a few weeks away for everyone. i'll ask a top member of the republican leadership if there's any room for serious compromise. >>> and if you own a home, deductions that save you money every year could be changing or simply going away. we're taking a closer look. >>> and ballpoint pens that hide poison needles and poison bullets. they sound like props in a cold war era spy movie. but they're part of a real assassination plot. we have details. i'm wolf blitzer. you're in "the situation room." >>> we're just 36 days away from the painful across-the-board spending cuts and tax increases people here in washington are calling the fiscal cliff. today, we have new proof that people across the country not only are aware of what's going on, they're very, very worried. our new poll shows 68% say the country will face either a crisis or major problems if the cuts in taxes aren't avoided. and a whopping 77% say their personal financial situation will be affected
FOX News
Nov 24, 2012 1:00pm PST
more important for these small businesses are the tax hikes and the tax increases that they are facing come the end of the year. a tax increase for top net income earners, from 35 to 39.6% in 2013. for all intents and purposes that involves small business owners? >> it's a lot of them. there is a fight going on. the left saying it will not affect small business too much. the right is saying it will. there is a lot of politics going on. my only question is how taking money out of anybody to put into washington, d.c. which is has been very ineffective with our capital is going to help -- i don't get it. somebody runs a small business and make a few hundred thousand a year to tell them you are going to pay $15-20,000 a year plus obamacare, i on don't think that is good news. i wish they had a better idea. elections have consequences. i gather taxes are going up. >> heather: according to ernest & young they are projecting that that tax rate will kill 710,000 small business jobs. people, individuals support businesses help that? >> yes, it's going to help. look, there is a reality. dollars
FOX Business
Nov 27, 2012 11:00am EST
opinion, can they reach a deal on these taxes that does not require all of the requirements of business to go up? dagen: do think that happened, because again, there are so many taxes that we need to worry about, the lawmakers never fixed it for 2012. if they do not fix that, it will hit 33 million americans. the payroll tax cut. will that go away, because, again, it was temporary ones, temporary twice and it will still be a higher tax. >> im so glad you brought up the amt. nobody has really been focusing on this. that would be bigger than even extending the bush tax cuts. you are talking about $2 trillion in additional taxes on americans over the next decade if we do not fix this thing. of course, it is because they have not indexed this for inflation. it reverts to the level it was in 1993 where the level would only be about $45,000. think about this. when you mention those 30 million americans, those are rich people. those are people earning 100-150,000 dollars. they will let the payroll tax rise back to where it was before they temporarily suspended it. dagen: do you think, though,
CNN
Nov 26, 2012 6:00am PST
the people and not to him, that's what he's known for. >> his power comes from this tax pledge. the last thing that he can afford to see more republicans peel off. if they do, then he can't get the next person to sign that pledge. >> tomorrow on "starting point" we're going to be talking to race car driver danica patrick and star of "pretty little liars." cnn newsroom with carols can to casse tell low begins now. >>> horror in bangladesh. two giant clothing factories there go up in flames. they might have made the clothes that are in your closet right now. thousands of workers protest the deaths of their colleagues. were safety warnings ignored? >>> republican rebellion? lindsey graham the latest lawmaker to buck a powerful gop lobbyist and his anti-tax pledge. we'll have the view from the edge of the so-called fiscal cliff. >>> one of the most recognizable voices in hollywood lends his voice to a pro-same-sex marriage ad. >> freedom, justice and human dignity have always guided our journey toward a more perfect union. now across our country, we are standing together for the ri
CNN
Nov 27, 2012 2:00am PST
of raising taxes in the face of the fiscal cliff. >>> courageous until the end. a former mayor in mexico who fearlessly stood up to the drug cartels found murdered. >>> and face-to-face behind closed doors today, u.n. ambassador susan rice takes on one of her sharpest critics, senator john mccain, over her actions after the benghazi attack. good morning and welcome to "early start," i'm deborah feyerick in for john berman. >> really nice to have you. >> i'm so glad to be here. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. first, congress back to work, and back to bickering. in just under 35 days, america hits the fiscal cliff. that triggers severe spending cuts and tax hikes. several top republicans are now defying party politics and signaling a willingness to consider increasing tax revenues to get a budget deal done. but when the lame duck senate got back in session yesterday it sure sounded like the same old broken record. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2%
ABC
Nov 27, 2012 1:40am PST
. >>> but also this half hour, higher taxes on the table as the country edges closer to that fiscal cliff at the end of the year. some republican lawmakers are rethinking their promise not to raise the taxes. >>> and then here's a tax problem worth having, the tax bill on a record $425 million powerball jackpot that's up for grabs wednesday night. people across the country are dreaming. >> and we all know the chances are beyond slim. i think, the money you are putting down is for the fantasy. just that moment, you go, "man if i won this, wouldn't that be great." you're buying that moment of escape. not buying a real shot. >> you're very familiar with fantasizing, right? >> oh, yeah. >> money. winning. >> helps you get through the day. >>> and later they're back. 'tis the season for my favorite family, the griswolds, what got them together for 30 seconds after 23 years. can't believe it's been that long. details on what they're doing coming up in "the skinny." if you do not like national lampoon's "christmas vacation." you have no soul. funniest holiday movie ever. love the griswolds. >> c
CBS
Nov 26, 2012 7:00am PST
. >> the fiscal cliff sparks talks of compromise on capitol hill. >> without a deal spending consults and tax increases will kick in at year's end likely sending the country into another recession. >>> several republicans back away from a tax increase. >> if congress does nothing, which congress has gotten pretty good at doing these days we'll go over the fiscal cliff. >> we have to show the world we're adults. the election's over. president obama won. >>> it's a big weekend for shopping. it isn't over yet. today is cyber monday. the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into
CNN
Nov 24, 2012 7:00am PST
that pushed that no new taxes pledge signed bay majority of republicans in congress. here's what chambliss says. i care more about my country than i do a 20-year-old pledge. he's willing to let the political consequences take care of themselves. raising taxes has been at the center of the fiscal cliff dispute. democrats demanding it. republicans saying no way. so amy, is this a sizable crack in the republican armor? >> we are seeing that the two sides are going to need to negotiate if we don't go over the fiscal cliff. i would point out that patty murray, a democratic senator from washington state says we should go over it, certainly in contrast to the rest of her party. so i think that we're seeing negotiations on both sides. but i want to point out what the fiscal cliff really means. it means the tax rates go up for everyone across the board. if you earn a paycheck, your taxes are going up. that's not just your federal income tax. that's your social security tax as well. we've been on a social security tax holiday, people are unaware of this, only as employees paying in 2.4%. after decem
ABC
Nov 27, 2012 4:00am PST
, everyone. with drastic spending cuts and tax increases looming in just over a month, republican lawmakers appear ready to deal. >> long-time tax breaks, like the mortgage interest deduction, could be on the chopping block. abc's tahman bradley is live in washington with more on the intense negotiations that are now under way. good morning, tahman. >> reporter: good morning, rob and bapaula. some republican lawmakers are signaling a willingness to cut a deal with president obama. but doing so, it would require republicans to break a long-standing gop pledge. some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop lawmakers have changed their tune. >> i will violate the p
FOX Business
Nov 22, 2012 8:00pm EST
at the whole country. my taxes went up 39% and came down 49%. how can anybody get excited about that when you're like god. so somehow we have to get strategic leadership that says that we need to get this engine and the economy pumping again. neil: do you think, and this is mentioned by mitt romney a lot. you know that you are going to do things differently? dubai that? >> everybody talks about reducing taxes because they want more capital to grow their business. but it's also regulations. businesses are confronted at the township and city level. >> here in chicago, you need 161 licenses to open up the business. >> if you open up a job shop, you have to have a license to give them a bath. it's ridiculous. why can't we consolidate some of these things and reduce the bureaucracy? it isn't about the people collecting anything but a paycheck. neil: they must realize that the more they push this, the more it it endangers the economy and their very jobs are online. >> you would think so, when you? there is a lot of evidence that says those people inside the beltway are living in a bubble. washingto
CNN
Nov 25, 2012 2:00pm PST
-cholesterol drugs around. what you need to know. >>> two top republicans loosen their grip on that no tax pledge as the nation nears the fiscal cliff. these smartphones come with a bonus $100 walmart gift card? that's right. so it's like i won. sure. oh my gosh i won!!! i won!!! [ male announcer ] get a $100 walmart gift card when you buy any android or windows 8 smartphone. through december 1st. from america's gift headquarters. walmart. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> there's a recall out for a popular anti-cholesterol drug. a total of 41 lots of the generic version of lipitor may be contaminated by glass particles. the recall is voluntary and with the knowledge of the fda. >>> in egypt the muslim brotherhood says one of its fence, a 15-year-old boy, was killed and another 60 injured in an attack its headquarters there in cairo. across the country, the group is
CNN
Nov 24, 2012 4:00pm PST
. if congress and president obama fail to reach an agreement massive tax cuts and spending cuts automatically kick in january 1. anti-tax crusader slamming chambliss. he broke with norquist no tax break pledge. he cares more about his country than the pledge. >>> there were signs truce between israel and hamas is taking hold this weekend. palestinian sources say israel has eased restriction on gaza fishermen allowing them to go up to six miles from shore. the fishermen were restricted to three miles into the mediterranean. palestinian farmers resumed tending land. hamas official say egyptian and israeli officials are expected to meet monday to discuss details of that cease-fire. >>> to egypt now where what's happening makes well, the arab spring look like it never ended. we remember the crowds of demonstrators, protesters, a regime bent on consolidating and preserving its power. that was then. this is the scene right now. demonstrators are back spending the night in tahrir square. president mohamed morsi announced sweeping new powers for himself. ordering egyptian court not to overturn any de
CSPAN
Nov 22, 2012 1:00am EST
of legislation or tax code reform or you name it, what ever the issue is? or is this strictly a candidate- driven phenomenon? >> i do not know. i think it will probably be -- somebody can write a $20 million check on every issue they choose. that is the world we are living in. they can write a check for an issue campaign. they can write a check to bribe -- tried to buy a governor's race. bacon ready check to try to control congress. the poisonous than for our country. in mitt romney's campan, the central actor was not the romney campaign but the super pac's. in our campaign it was the obama campaign. may be the last presidential campaign to be able to say that. >> request and from a student? >> given how unpopular the super pac's are, is there any possibility they might be able to produce some kind of way of stopping money in the future sunday? >> given how unpopular the super pac's are -- i am not sure about that promise, you can talk about that, is there any way to stop them? >> i think we had a 30-ar campaign finance regime in the country that has tried to characterize political money into cat
CNN
Nov 26, 2012 9:00am PST
washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> in syria ten children in a suburb outside dam afternooningus have become the latest victims in the ongoing violence. now, fighting has ripped this country apart. activists say more than 40,000 people now have been killed since the first pretest 20 months ago against the regime of president bashir al assad. nick payton walsh shows us what happens when bombs fall in, of all places, a playground. >> these disturbing images show what happens after a children's playground is hit, according to activists by a cluster bomb. refugees with nowhere else to hide apparently hit by a single deadly device dropped by a jet. some cluster bombs released smaller explosives to cause m
CSPAN
Nov 21, 2012 8:00pm EST
that the election is over hopefully we'll have a moment in washington where the leaders come together and on tax reform and education and immigration and fiscal policy, now that we're no longer the issue of we have a reelection, that's done. barack obama has run his last campaign and you have divided government. i think the mandate the american people was sending is work together. focus on us not what divides you as politicians, focus on us. and i don't offer misplaced optimism often. because in washington you can get pessimistic quick. but i do have confidence there is path way on tax reform, on continued education reform, on doing some smart things around energy. and that's the test of the ment and the leaders in the senate and houses. can they come together post election. and for a period of time put your needs and the needs of the country first. and i have a great deal of confidence we'll do that. so i look forward to talking to you about the election that just happened. [applause] >> thank you for having me back. it's great to be back at the university of delaware and thank you for coming.
FOX News
Nov 24, 2012 3:00am PST
didn't talk about is the fiscal cliff if that comes that's more than $650 billion in tax increases combined with spending cuts that would send us back into a recession. many fear we would become europe in a matter of speaking. >> here is the interesting part, i think, pete dupont concludes that he says that this recent election proves that the country has become more liberal. that's how he interprets what happened in the most recent election. we would love to hear from you if that's your take away from it. he thinks we are headed in the path of europe and become more liberal. there are many other explanations we have heard since election night. maybe people just the incouple bent always holds an advantage. maybe people don't like change. who knows. but that's his theory is that the country has just become more liberal. >> let us know what you think. friends@foxnews.com email address or find us on twitter ff weekend. don't forget our great facebook page also. if you are a facebooker go there as well. here. >> here are your headlines. police are searching for a man accused of walking
FOX News
Nov 27, 2012 12:00pm PST
for the combination of spending cuts and tax cut eliminations set to hit at the start of the new year. the president has been pushing congress to preserve the bush era tax rates for the middle class but let them expire for american whose make more than $250,000 a year. republicans have called for democrats to agree to serious cuts in entitlements and a number of g.o.p. lawmakers have said they are ready to put new revenue on the table. mostly through lowing loopholes. and now from capitol hill, the solution needs to "all of the above approach." >>guest: two former republican congressman wrote in the "wall street journal" when you consider all the federal government liabilities, our debt is more like $8.6 trillion every day you have the baby boomers retiring and meeting the benefits so a key senate republican says entitlements must be part of the negotiations if you solve the problem, there is no question you are going to need some revenue but you can take all the revenue and it would not solve the problem. so, the real answer is, we have a demographic shift that is coming into entitlement programs t
FOX News
Nov 21, 2012 8:00pm PST
is going on with our economy, that really tears my heart up. tax me, i don't care. >> bill: you don't care if you paid more taxes? >> i pay my hung gus amount of taxes. >> bill: sure, so do i. >> so do you. >> right. >> bill: do you want to pay 40, 45% which would take you income redistributors. >> if it would help, i would not mind it the thing is it won't help. the more money they get the more they will spend. >> bill: i have got to see it's doing some good. you have a foundation and i have a foundation. we give money privately to those we know. wounded warriors, fishers out. chuck, thanks for coming and good to see you again. >> thank you, bill. >> bill: would you call yourself a conservative now. >> i have become conservative on, you know, because of the position that we're in right now. >> financial position? things like that. >> certainly financial. you know, i have always said if you were going to wear badge sheriff. >> of the world? >> yes. the of the world then you better act like wyatt earth. >> that puts you in the minority in hollywood. >> i guess so. >> bill: fear on some acto
CNN
Nov 24, 2012 11:00am PST
, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of the things they talk about, whether it's raising taxes, revenue, however you want to define it. republican senator saxby chandless of georgia broke ranks with grover norquist and his anti-tax pledge. he signed the pledge after he first ran in 2008. but here's what he told our cnn affiliate in macon, georgia, about his commitment thus far to that pledge. >> times have changed significantly, i care more about the country than i do about a 20-year-old pledge. i think we owe the debt and we got to figure out a way to pay it. >> and of course, that pledge creator, grover norquist, fired back on cnn "the situation room" just yesterday. >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes.
CNN
Nov 23, 2012 6:00am PST
this shortened trading session. >>> senator saxby chambliss has signed activist grover norquist famous anti-tax pledge but he says he's ready to talk tax hikes to avoid a fiscal cliff. he said earlier this week, quote, i care more about my country than i do a 20-year-old pledge. if we do it his way, we'll continue in debt and i just have a disagreement with him about that. he's talking about grover. >>> in suburban washington you're taking a look at community leaders, union leaders and perhaps some walmart workers. they're heading toward a walmart store. we believe they made it to a parking lot. as you know, they're protesting salary and health benefits for the workers at walmart. renee marsh is among the protesters, joining us now live. fill us in, renee. >> reporter: good morning, carol. i can tell you that they have finally made their way to the outside of this walmart here. just take a look. you can see how many people are out here. i would estimate it is in the hundreds. and they're all chanting. some of them wearing signs, some of them holding signs that say that the wages just aren't whe
CNN
Nov 24, 2012 2:00pm PST
something out, how to avoid taxes, and reduce spending on medicare. but it is not yet clear when the lawmakers and the president will meet next. and even if some progress is made this week, a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline. so i -- i would be pleasantly surprised to see it -- a deal emerge earlier than the end of the year, but we'll see. >> reporter: and martin, even though there is not another meeting between the president and lawmakers on the president's schedule, that could certainly change. we know that senate majority leader reid said they hope to have another meeting with the president this week. >> athena jones, thank you, at the white house. >>> and president obama went christmas shopping today. the president and his daughters shopped at an independent store in virginia. the obamas are participating in the third annual event, the white house bought 15 books. >>> and cyber deals, no longer just for monday. they participated in the deals before bla
FOX News
Nov 22, 2012 8:00pm PST
for us to be concerned about the potential for estate tax problems moving forward. >> greta: thank you for being with us tonight. go to gretawire.com and let us know what you thought about this special edition of "on the record". good night from washington. on of the o'reilly factor is on. tonight. it's a very special edition of the great american news quiz. i'm from iowa i would know that. >> fascinating. >> showoff. >> steve doocy. martha maccallum and you compete for bragging rights. kwame or nothing. >> maccallum won. be a good sport. >> test your knowledge on the great american news quiz. factor style. you picked. >> teddy bear. >> hi. can we replace doocy? is it too too late? >> you are about to enter the no spin zone. of the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching this special edition of the factor. the great american news quiz spectacular. for the next hour you will get to test your knowledge and play along with us. so let's begin. first topic, will he general gather actor john wayne. >> all right. here is question number one. movie fans
NBC
Nov 26, 2012 7:00am PST
not reach a deal your taxes could rise and sharp spending cuts would go into effect as well possibly triggering a recession. chuck todd is nbc's political director and chief white house correspondent. chuck, good morning to you. >> good morning, savannah. >> the goal here is to get a deal that reduces the deficit, and the battle lines have been pretty clear right now. the president campaigned rolling back the tax breaks for the highest earnings and republicans argued spending cuts are the way to get the deficit under control. are we starting to see a softening of those positions on both sides? >> reporter: here's what there's agreement on. both sides, both parties agree that the wealthiest have to pay more, and the question now and the sticking point at this stage is how do you go about making the wealthiest pay more? do you do it by raising the tax rates? that's what president obama wants to do. wants to raise the tax freights 35% where they are now up to where they were during the clinton years at 39% what. republicans are arguing is you don't have to do that. you can get all of th
FOX News
Nov 23, 2012 3:00am PST
good. all right. stick around. next, democrats say we need to raise taxes in order to avoid the fiscal cliff. would republicans sign a deal like that? charles gas practicery know say -- gas perino said there are a couple ways to explain next bu. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. >> welcome back. while still feeling a little stuffed after thanksgiving yesterday, the bloat is about to get worse. >> that's right. after the main course of the election, the leftover gridlock happening right now in washington could cause a collective fiscal stomach ache by the end of the year. >> here to explain is charlie gasparino. good to have you here. >> good morning. >> congratulations on your italian feast, yesterday. >> he's a great cook. >> so we're heading towards this fiscal cliff. we keep on hearing about it. there are three scenarios that you're concerned about. >> right. we should point out. automatic tax increases, massive budget cuts. but they don't reach a budget. >> you
NBC
Nov 24, 2012 5:00am PST
a way to avoid that so called fiscal cliff that could raise your taxes and throw the economy back into recession. kristen welker is in our washington bureau. good morning. >> reporter: president obama is also facing a number of challenges overseas, as you say, from the unrest in the middle east to the continuing fallout over the attack on the u.s. consulate in benghazi. but the fiscal cliff looms large. president obama returning from a post-thanksgiving round of golf, but off the links, the clock is ticking. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many repu
NBC
Nov 27, 2012 7:00am PST
and khoe of bataway and has written an op-ed, tax on the wealthy. i'd like to ask you about black friday and cyber monday. numbers robust about any standard what. is it telling you about how consume remembers feeling about the overall economy? >> consumers are feeling reasonably confident. the economy has been coming back for a year and residential housing is coming back, so they are feeling better. >> when you say they are feeling reasonably confident, what are big investors, guys like you? when you start looking forward to the economy in 2013, how confident are you? >> well, i'm confident. i can't speak for others, but i -- we buy stocks almost every day, so i -- but i'm confident about the american economy over the decades to come, and we'll have ups and downs and i can't really predict them. one thing i'm sure of is america is a winner. >> let me read you something that the ceo of honeywell said on "meet the press" on sunday and he said right now i'm not all that bullish. in fact, i'd say there's a great uncertainty that's just hanging over the entire economy because we're not confid
NBC
Nov 20, 2012 5:30pm PST
, last year. elmo has been a big part of the lucrative merchandising of sesame street. according to tax filings, royalties brought in nearly $45 million in 2009. >> whenever there's an attack on a much loved brand, there's a lot of outpouring of support as a result, almost as if the public is lining up behind the brand saying, hey, we're with you. >> reporter: for clash, it's the end of a storied career with a show he described lovingly just months ago. >> i think it's so wonderful to be part of a show that really starts a child, helps with the parent. >> reporter: today in a statement, clash said he was resigning with a very heavy heart. and hopes to resolve these personal matters privately. in the meantime, sesame street says production of its 43rd season will not be affected. chris jansing, nbc news, new york. >>> there are late new developments tonight in the house explosion in indianapolis that left two people in a neighboring house dead, and the entire neighborhood area in ruins. law enforcement sources told the indianapolis star they believe gas was intentionally released into th
ABC
Nov 27, 2012 11:35pm PST
. i'm bill weir. it has been said that a lottery is really just a tax for people who are bad at math. but when the jackpot hits half a billion dollars, even mr. spock might let go of the logic to go buy a $2 fantasy. yes, the odds are 1 in 175 million, and yes, this powerball payday has rolled over 16 time without hitting all the numbers. but across much of the nation and all of tomorrow, all that will be pushed aside. drowned out by the inner mantra, somebody has to win and it might as well be me. here's rhinoens. . >> reporter: everyone who lines one cash in their hands and dreams in their heads seems to have a strategy. >> just one. >> reporter: by definition, just about everyone's strategy fails. is there any formula, any mathematical anything that can give you an edge over the person in front of you in line? >> no, don't put that on camera. >> there you go and good luck. >> thank you. >> reporter: to find out we went back to school tonight to southern methodist university to professor scott norris' math class. he went to harvard. >> the number of possible combinations is given b
CBS
Nov 24, 2012 5:00am PST
they hear talk about the fiscal cliff and taxes going sfup >> that's allocated to the high end or lower income. when retailers look for they manage those high end income inventories and it's january or february. if there's discussions about it that's definitely a concern for christmas. >> we heard about the protests on walmart. they said it was benefits wages, treatment of employees. walmart is our nation's biggest retailer. we want to bring in diane brady. she's reported extensively on walmart. walmart is basically saying when he the best black friday ever. is that the case? will we know how the numbers are showing up? >> when they put that out they were talking very much about thursday, so those of you who are lining up at 8:00 p.m. to get your ferbies they didn't have a lot of protests on thursday night. walmart has done very well this year and they have a vested interest in telling us that because of these protests. it was a gig concern for people. >> how much of a case do the employees have here? >> you know it's the world's largest retailer. they make almost ha
FOX News
Nov 22, 2012 5:00pm PST
up on your web site. all right, now, capone was eventually busted for tax evasion and became one of the earliest inmates at what famous prison? where can d. capone go on the federal tax wrap alcatraz. doocy, how could you not a know that? >> i had to miss one. >> yeah, i guess you did. alll: right, maccallum, congratulations, four for fourht but you could still blow it. >> i could. >> bernie madoff back in the news this week as the owners of the new york mets settle a lawsuit stemming from their investment in madoff's fund. >> whenwn fred wilpon was in federal court today they appeared happy. the legal settlement with the investors trustee included dropping that wilpon and catherine willfully blind. they did not know they helped madoff steal other investors money. >> bill: also there was a new sentencing madoff was sentenced to play center field for the mets this season. all right. cruel and unhuman punishment i believe. all right, now, there is also another madoff baseball connection. another one of his ripped off investors was which hall of fame pitcher? which pitcher lost mone
FOX News
Nov 23, 2012 1:00am PST
that right up on your web site. all right, now, capone was eventually busted for tax evasion and became one of the earliest inmates at what famous prison? where can d. capone go on the federal tax wrap alcatraz. doocy, how could you not a know that? >> i had to miss one. >> yeah, i guess you did. alll: right, maccallum, congratulations, four for fourht but you could still blow it. >> i could. >> bernie madoff back in the news this week as the owners of the new york mets settle a lawsuit stemming from their investment in madoff's fund. >> whenwn fred wilpon was in federal court today they appeared happy. the legal settlement with the investors trustee included dropping that wilpon and catherine willfully blind. they did not know they helped madoff steal other investors money. >> bill: also there was a new sentencing madoff was sentenced to play center field for the mets this season. all right. cruel and unhuman punishment i believe. all right, now, there is also another madoff baseball connection. another one of his ripped off investors was which hall of fame pitcher? which pitcher lost mone
CSPAN
Nov 24, 2012 7:00pm EST
now, unless congress and the president take action, the current tax rates will would expire and we will experience the largest tax increase in u.s. history. amid so much economic suffering, raising taxes would have a devastating impact on our economy. we cannot let this happen. republicans believe this is an opportunity to finally solve problems thatwill washington has ignored. whether it is the tax code or entitlement programs that are on a path to bankruptcy, no more short-term mandates or excuses. we can do this right. we can pass on our children and economy of growth and opportunity and government that empowers all businesses and stays out of their way. a country in which everyone has a shot at the american dream. republicans are ready and eager to get to work. we hope president obama is as well. america is a country whose people can do anything and whose leaders can envision a limitless future. today, as you join friends and family, be sure to celebrate as abraham lincoln did, with a hopeful heart. america still has so many gracious guesifts for which to e thankful. >> joined
NBC
Nov 28, 2012 7:00am PST
a single winner could walk away with a cash prize worth $327 million before taxes. >> there you go. good luck. >> i would take my entire family on a cruise around the world. >> a sports car for me. >> aston martin. >> i'll pinch myself. >> reporter: and it's not just the lucky winners who win big. $1 of every $2 powerball ticket goes to the state covering lottery overhead and supporting programs like education. the federal government also hits the jackpot, taking a quarter of the winner's earnings in taxes and, yes, there's more. states and cities can take an additional 5% to 12%. a new york city winner would pay the highest taxes, but lucky winners in eight states may no state taxes on winnings at all. until today the biggest powerball on record was $365 million won by eight nebraska meat packers in 2006. >> we process hams and corn beef? they went from corn beef to caviar overnight and so could you. but jeremy elson, a senior researcher from microsoft says it's okay to dream, but don't quit your day job just yet. >> mathematically it's not a good bet to buy a lottery ticket, even thoug
ABC
Nov 28, 2012 7:00am PST
. >> okay. before taxes, after all. steve, thanks very much. >> the lottery balls are so loud. he's like in a wind tunnel talking like that. what are you guys going to do with the money? >> share it with you. >> split it. >> thank you. oh, that's so nice. thank you. i'm not sharing it with you. >> wow. >> just kidding. of course, i am. all right. i'll definitely share it with sam. >> thanks, thanks. >>> now to the battle brewing over who will be the nerks secretary of state. no final decision from president obama. the front-runner is susan rice, the u.n. ambassador. and she ran into a buzzsaw yesterday on capitol hill, when she met with republican senators critical of her nomination. take a look. >> the concerns i have today are greater than they were before. and we're not even close to getting the basic answers. >> i want to say that i'm more troubled today. >> we are significantly troubled by many of the answers. >> abc's jonathan karl is covering all this from washington. jon, on sunday, it looked like some of the senators, graham and mccain, had softened their opposition. but not aft
CNN
Nov 23, 2012 11:00am PST
a key advantage in states like california. no sales tax. local bookstores already under pressure by the rapid rise of ebooks and large bookstore ch n chains feel flar lparticularly squeezed. >> if you can save 10%, why wouldn't you? >> reporter: amazon's tax advantage recently disappeared in california adding 7% to 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. online retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses. including this one near los angeles. it is a million square feet, and for the old-fashioned retailers, it is another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same day delivery. that's right. you can avoid stores if you want, and have a package delivered to your house in a matter of hours. a win for consumers, but tough for local retailers. >> if amazon creates distribution centers, and facilities on their turf locally, that takes away the one advantage we s
ABC
Nov 28, 2012 1:40am PST
his case for raising taxes on wealthier americans. >> republicans say, get off the campaign stump and get in the negotiating room and get this thing done. so it's getting interesting. >>> imagine getting hit with unpaid parking tickets that totaled $100,000. well, a woman, her ex-boyfriend, and the battle over a car that sat for three years accumulating the fines. wow! >> chicago strong. that's how they roll there. >>> later, the secrets you can learn about your health by looking in the moore rohr. there could even be clues hidden in your earlobes. mirror, mirror on the wall. >> is it really? >> who has the creepiest ears of them all? >> little waxy. >>> first did you hear that? no. it's either the clock ticking, the powerball ticket printing or the cash registers ringing. that's for sure. all of it as we get ready for tonight's enormous powerball lottery. >> like my foley effect there? >> very nice. >> the second largest lottery jackpot ever. it's at least half a billion, and strong ticket sales mean that number could go even higher. when players are lining up in the dusty arizon
FOX News
Nov 21, 2012 2:00pm PST
folks are saddled with debt and unemployment, obama wishes to expand the government reach, raising taxes on those laboring under the old dream. how can anyone believe in a dream when the leaders don't? they look stagnant earth and say that is better. america may enter a nationally recurring nightmare, i don't mean the one where dana and jasper show up as house gues guests. you hate the american dream so you are happy about this. >> dana: i haven't lived it at all. 60% of recent college grads can't find a job in what they studied, in the profession they chose. one of five bachelor degree holders are unemployed and 40% live at home. you can understand why they are upset about the future. i bet the poll is correct. >> greg: it's clear you don't care. is the american dream dead and should obama be impeached? >> kimberly: i saw that on the street corner today. >> bob: kimberly is eating. you ate it all. >> kimberly: i'm hiding it from you. >> greg: so you agree with me president obama should be -- >> bob: i do not. everyone at the table went to liberal arts college, right? is anybody here exc
ABC
Nov 28, 2012 12:00am PST
the overdue taxes she owes the government which is, that's nice of him to do. when charlie sheen is the guy helping you get why are life back on track, that's a problem. apparently they became friendly on the set of scary movie 5 which i believe is a documentary about them. and he took pity on her and now a christmas miracle from charles sheen. the powerball jackpot. did any of you play this? it is $500 million. the biggest powerball jackpot ever. just imagine how many lottery tickets you could buy with $500 million. the drawing isn't until tomorrow. with that said i want to say congratulations to the group of 18 people who work in an aluminum manufacturing plant who will inevitably win this. unfortunately here in california, we're one of the eight states that doesn't participate in the powerball drawing. there is still a way you can take part. our parking lot security guard guillermo put together this instructional video for those of hue live ntsb nonpowerball states, california, alabama, hawaii, mississippi, utah, wyoming, but still want to marriage here's what you do. >> you feel like yo
CSPAN
Nov 24, 2012 1:15pm EST
, and they think about it all day every day this only one thing we can do. cut taxes. you know. who knows if they are a confidence man. i don't know. i grew up and was born on the shot -- south side of chicago. i see everything through that. of course they are. >> we have a question. >> reopening a revival with al pacino playing a different role. your great striking players are rather cynical. no great problem there. interestingly, nothing to do with his political message. but as a great artist, to you see yourself evolving in some way you articulate in your politics and culture is going to be incorporated in your? >> i don't think anybody -- any of it is political. a couple of short overtly political plays. but his were just a yummy. i don't think it's the place of the theater to be political. i should even be here tonight. was a critical of capital? i don't know. i was driving a cab at the time. i'm not anymore. if you're writing in the same play and 65 as you were in 1910 the your doing something wrong. >> i saw heather higgins raise her hand. why don't we get a microphone. >> thank yo
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